entrepreneurs

American entrepreneurs started businesses at a rate of approximately 565,000 a month in 2010, the last year the data was available. According to the Kauffman Index of Entrepreneurial Activity, the 55 to 64 age group has seen the greatest increase in number of Americans to launch a business since 2007. That trend coincides with a 2007 Merrill Lynch study showing of the nation's 78 million baby boomers, 76 million plan to keep working in retirement, more than half plan to change careers and many are foregoing the traveling retiree lifestyle in favor of building a new business.